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Location, location, location! Unit 523 at University Place. Welcome to this immaculately maintained, second-floor condominium in the highly sought-after University Place community. Offering 1, 113 square feet of pristine living space, this 4-bedroom, 2-bathroom unit is perfectly situated just minutes from Clemson University, vibrant downtown dining, and local shopping. Step inside to find a beautifully upgraded, move-in-ready interior. The kitchen features brand-new cabinets and countertops, providing a fresh and modern space for cooking. Both bathrooms have been enhanced with brand-new sink and cabinet combos, adding sleek style and storage. Additionally, beautiful new luxury vinyl flooring flows seamlessly through every single room. The layout is designed for effortless, modern, and low-maintenance living, and includes the added convenience of an exterior storage room located right on the private balcony. The community features plenty of resident parking and sits directly on the CAT bus route, making campus transit completely hassle-free. Whether you are looking for an ideal student housing setup, a hands-off addition to your investment portfolio, or the perfect Clemson game-day retreat, this vacant and ready-for-occupancy condo is a must-see. Current HOA is $350/Month, it is projected to fall to $170/Month in 2029 Per HOA Letter dated Nov. 30, 2023 Don't miss out on this fantastic opportunity—schedule your private tour today!
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Our Executive Mortgage Banker:
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$185,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $148,000 | $148,000 | $148,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.230% | 6.512% | 5.866% |
| Monthly Tax Payment | $128 | $128 | $128 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $875 | $923 | $1,219 |
| Total Monthly Payment | $1,078 | $1,126 | $1,422 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.